Figure
Elasticity of transport demand with respect to fuel price
European data
Metadata
-
Rights:
- EEA standard re-use policy: unless otherwise indicated, re-use of content on the EEA website for commercial or non-commercial purposes is permitted free of charge, provided that the source is acknowledged (https://www.eea.europa.eu/legal/copyright). Copyright holder: European Environment Agency (EEA).
-
Owners:
- European Environment Agency (EEA)
-
Figure type:
- Graph
Additional information
For instance, a 1 % increase in fuel price leads to a 0.1 % short-term decrease in vehicle-km. The long-term decrease is higher, namely 0.3 % per vehicle or 0.29 % in total. With a constant or declining occupancy rate, the transport volume in terms of passenger-km decreases at the same rate or faster, respectively. This means that the transport volume from 1990 to 2002, as depicted in the figure above (with the development of fuel prices), would have grown even faster if the fuel prices had stayed at a constant level.
Permalinks
- Permalink to this version
- 6099B10D-87DF-4343-8B82-83E2E6FBE2DD
- Permalink to latest version
- 93360544-BAF8-4A22-A63C-C20ABB424FB2
For references, please go to https://www.eea.europa.eu/data-and-maps/figures/elasticity-of-transport-demand-with-respect-to-fuel-price or scan the QR code.
PDF generated on 30 Nov 2020, 12:06 AM
Document Actions
Share with others